I have a 401k question. I'm starting a new job and I'm

>>3494295
That the finance department is completely made up of jews.

>>3494307
I thought this sounded cheap, I'm used to my previous employer matching $.75 to every $1. I just don't understand how matching to hours worked compared to what I personally contributed.

It sounds like you get $0.40 per hour worked regardless of how much you contribute. That sounds awful unless you're making under $13 an hour.

>>3494295

Nice just bought 401k

>>3494322
Are you working full time? 40 hours per week? Then you get $0.40 x 40 hours = $16.00 for a full time week. If they are gonna be that cheap, then I would also assume when they say "hours worked," they mean hours you are actually present and working. Paid time off, vacation, or any other hours or bonuses will not contribute a $0.40 per hour paid to you. So if you take a vacation, don't count on a 401(k) contribution for that time.

>>3494366
What a bummer... I feel uncomfortable working for a place this cheap but I really didn't know when I was getting hired. I was just excited to find something close to where I live that seemed like a nice gig. It's a private members only type of social club. Luckily it's going to be an easy position while I'm going back to school.

Get a Schwab account instead. a 401k is worthless